Whales with a lot of money to spend have taken a noticeably bearish stance on Taiwan Semiconductor.
Looking at options history for Taiwan Semiconductor TSM we detected 24 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $339,814 and 16, calls, for a total amount of $1,210,966.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $120.0 for Taiwan Semiconductor over the recent three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Taiwan Semiconductor options trades today is 2802.62 with a total volume of 4,924.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Taiwan Semiconductor's big money trades within a strike price range of $65.0 to $120.0 over the last 30 days.
Taiwan Semiconductor Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSM | CALL | SWEEP | BULLISH | 06/20/25 | $80.00 | $302.9K | 54 | 99 |
| TSM | CALL | TRADE | BULLISH | 01/26/24 | $92.00 | $162.7K | 168 | 148 |
| TSM | CALL | TRADE | NEUTRAL | 01/19/24 | $90.00 | $125.2K | 9.7K | 107 |
| TSM | CALL | TRADE | BULLISH | 02/16/24 | $90.00 | $97.8K | 1.8K | 0 |
| TSM | PUT | SWEEP | BEARISH | 07/19/24 | $105.00 | $79.6K | 1.2K | 137 |
About Taiwan Semiconductor
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
Following our analysis of the options activities associated with Taiwan Semiconductor, we pivot to a closer look at the company's own performance.
Where Is Taiwan Semiconductor Standing Right Now?
- With a volume of 8,128,732, the price of TSM is up 0.97% at $100.58.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 10 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Taiwan Semiconductor options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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